Metro and Rail infrastructure company bags new order worth Rs 2,83,61,370 from CRRC Nanjing Puzhen Co. Ltd, China
DSIJ Intelligence-1 / 25 Aug 2025/ Categories: Penny Stocks, Trending
The stock is up by 15.7 per cent from its 52-week low of Rs 80.35 per share.
Presstonic Engineering Limited has secured a significant new order worth Rs 2,83,61,370 from CRRC Nanjing Puzhen Co. Ltd, China. The contract, formalised on August 23, 2025, is for the supply of Cable Duct products for the Bangalore Metro Yellow Line 4RS-DM Project. This order covers the supply of these components for 27 train sets, with each set consisting of six coaches. This project highlights Presstonic Engineering's role in providing essential infrastructure support for metro systems and builds upon its relationship with CRRC Nanjing.
The company is set to begin deliveries in August 2025 and plans to complete the entire supply by August 15, 2026. This timeline underscores Presstonic Engineering's commitment to timely execution and consistent quality. The order from a major international firm like CRRC Nanjing Puzhen further validates the company's capabilities and strengthens its position in the railway and metro infrastructure supply chain.
Advertisement:
50% OFF on DSIJ Digital Magazine
About the Company
Presstonic Engineering Ltd., established in 1996, is a significant manufacturer serving the rail and metro industry, providing a broad spectrum of products including metro rail rolling stock components, railway signalling products, and infrastructure solutions for both domestic and international OEMs. Their product range spans interior and non-interior rolling stock parts, signalling equipment, and infrastructure solutions, demonstrating a commitment to supplying high-quality components to leading industry players. Further diversifying their portfolio, the company has entered the North American market by manufacturing premium kitchen oven parts.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
The company has a market cap of over Rs 70 crore with the promoters holding a 58 per cent stake and the public owning a 42 per cent stake. The shares of the company have an ROE of 18 per cent and an ROCE of 19 per cent. The stock is up by 15.7 per cent from its 52-week low of Rs 80.35 per share.
Disclaimer: The article is for informational purposes only and not investment advice.